Compliance, Private Wealth Management Compliance Advisory & Regulatory Audit Management for GSB[...]

OUR IMPACT

Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.

YOUR IMPACT

We are looking for a VP‑level candidate to join the Compliance team in Goldman Sachs Bank Europe SE (GSBE), our EU hub. The role is based in Frankfurt, reporting to the local Divisional lead and focusing on Compliance Advisory topics as well as the management of the GSBE external regulatory audits carried out by BaFin to evaluate the effectiveness of the firm’s internal controls, risk management, and governance.

JOB SUMMARY & RESPONSIBILITIES

The role will advise sales teams on regulatory questions and interpretation of certain policies and procedures. The successful candidate will proactively manage GSBE regulatory audits, interacting with stakeholders and team members in London, Frankfurt, Paris, Milan and Warsaw. Collaboration with Divisional Compliance management and the Head of GSBE Compliance will ensure transparent communication and effectively managed interactions with local regulators and exchanges.

KEY RESPONSIBILITIES

• Providing Compliance advice and support to PWM identifying and managing Compliance, regulatory and reputational risks in GSBE’s PWM business
• Development and implementation of compliance‑related policies and procedures
• Providing Compliance input in product design and approval processes for the GSBE’s PWM business
• Managing compliance‑led projects and representing PWM Divisional Compliance on firmwide and cross‑regional projects and working groups
• Impact analysis and implementation of regulatory changes affecting the PWM business
• Providing support for/ responding to general compliance‑related queries
• Develop and deliver training for business personnel
• Proactive audit management: manage external audit engagements from planning to reporting, ensuring timely and high‑quality deliverables
• Partner with business management, risk, compliance colleagues and other control groups to identify control issues or areas which might potentially result in an audit finding
• Clearly communicate potential audit findings to management and present an overall opinion on the control environment and suggested finding remediation, as appropriate
• Develop recommendations to strengthen internal controls and identify opportunities for improvement
• Adhering to the Global Compliance Framework and supporting the execution of the Compliance programme, including with respect to risk assessments and designing/implementing appropriate controls
• Development and deployment of second line controls and partner with the first line to develop their controls to ensure timely detection of issues and risks. Ensuring reviews are being performed appropriately from a qualitative and timeliness perspective and provide challenge to the design, implementation and management of corrective actions
• Working with Legal, Controllers, Internal Audit, Technology, Operations (Client Onboarding) and other areas within Compliance (including the broader Divisional Compliance team), Regional Country Compliance and the business divisions to ensure prompt and coordinated resolution of compliance matters
• Assistance with the interpretation and implementation of new rules/regulation – assessing regulatory risks, regulatory changes and potential impact
• Collaborating with other Compliance areas and the business to produce responses to information requests ahead of regulatory audits/reviews/reports/questionnaires

KEY SKILLS AND QUALIFICATIONS

• University degree with minimum of 6 years of Compliance experience, ideally gained by working for a top‑tier house or others with sophisticated market‑making/hedging business units and/or complex financing capabilities; Global Markets and/or Wealth Management experience preferred
• Preferred experience in advising Line of Business on a daily basis
• Experience with BaFin audits, Securities Trading Act / WpHG and MaRisk / MaComp / framework is an asset
• Experience in dealing with regulators, regulatory audits, exchange enquiries
• Pro‑active, self‑motivated and well‑organised
• Ability to communicate clearly complex issues; able to communicate with impact at senior levels and with external regulators
• Excellent understanding of the key EU regulations impacting financial markets (MiFID, MAR, Benchmarks, EMIR, AIFMD, UCITS, CRD, CSDR, ESG etc.)
• Fluent in German and English is a prerequisite
• Strong knowledge of the European regulatory environment and specifically the BaFin rules covered in German WpHG and MaRisk audits, including MiFID 2, MAR, MaComp, MAR, Benchmarks, EMIR, AIFMD, UCITS, CRD
• Attention to detail and independent, analytical thinking
• Ability to apply knowledge to complex situations
• Ability to obtain senior stakeholders’ buy‑in in challenging situations
• Proven ability to navigate and build strong relationships in an international, cross‑office environment across business, risk, and control partners, consistent with our EMEA footprint
• Ability to manage relationships with the business at all levels
• Team‑oriented and supportive of others’ success; comfortable representing a teamwork product to stakeholders, aligned with the firm’s collaborative culture and cross‑functional partnering
• Ability to make sound decisions; identify, understand, and articulate risks associated with regulatory reporting, partnering with multiple stakeholders to mitigate and elevate risks appropriately, in line with the role’s second line challenge and control development remit
• Strong integrity and professionalism

© The Goldman Sachs Group, Inc., 2025. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.